Andres Campos Chevallier Buys 30,000 Shares of Betterware de Mexico SAPI de C (NYSE:BWMX) Stock

Key Points

• CEO Andres Campos Chevallier purchased 30,000 BWMX shares at an average price of $16.41, investing $492,300 and increasing his direct ownership by 60% to 80,000 shares.
• Betterware shares recently traded at $15.99, down 0.8%, with the stock valued at approximately $632 million and trading below its 50-day and 200-day moving averages.
• The company raised its quarterly dividend to $0.3252, equivalent to a $1.30 annualized payout and an 8.1% dividend yield; analysts’ consensus rating remains “Hold.”

Betterware de Mexico SAPI de C (NYSE:BWMX - Get Free Report) CEO Andres Campos Chevallier acquired 30,000 shares of the stock in a transaction dated Tuesday, September 15th. The stock was purchased at an average cost of $16.41 per share, with a total value of $492,300.00. Following the purchase, the chief executive officer directly owned 80,000 shares of the company's stock, valued at $1,312,800. This trade represents a 60.00% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Betterware de Mexico SAPI de C Trading Down 0.8%

Shares of NYSE:BWMX traded down $0.14 during mid-day trading on Thursday, reaching $15.99. 47,227 shares of the company's stock were exchanged, compared to its average volume of 93,942. The company has a debt-to-equity ratio of 2.96, a quick ratio of 0.57 and a current ratio of 1.11. Betterware de Mexico SAPI de C has a twelve month low of $12.34 and a twelve month high of $19.79. The firm has a market capitalization of $631.64 million, a price-to-earnings ratio of 8.74 and a beta of 1.04. The business's fifty day moving average price is $16.64 and its 200-day moving average price is $17.17.

Betterware de Mexico SAPI de C (NYSE:BWMX - Get Free Report) last announced its earnings results on Wednesday, July 1st. The company reported $0.57 EPS for the quarter. Betterware de Mexico SAPI de C had a return on equity of 77.89% and a net margin of 8.35%.The firm had revenue of $237.83 million for the quarter. On average, research analysts predict that Betterware de Mexico SAPI de C will post 2.5 EPS for the current fiscal year.

Betterware de Mexico SAPI de C Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Thursday, August 6th were paid a $0.3252 dividend. This is an increase from Betterware de Mexico SAPI de C's previous quarterly dividend of $0.31. This represents a $1.30 dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date of this dividend was Thursday, August 6th. Betterware de Mexico SAPI de C's payout ratio is presently 71.04%.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Weiss Ratings reissued a "hold (c+)" rating on shares of Betterware de Mexico SAPI de C in a research report on Tuesday, September 1st. Wall Street Zen upgraded shares of Betterware de Mexico SAPI de C from a "buy" rating to a "strong-buy" rating in a research report on Saturday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Betterware de Mexico SAPI de C currently has a consensus rating of "Hold".

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. NewEdge Advisors LLC boosted its stake in Betterware de Mexico SAPI de C by 48.6% during the second quarter. NewEdge Advisors LLC now owns 19,796 shares of the company's stock worth $356,000 after acquiring an additional 6,475 shares in the last quarter. Confluence Investment Management LLC increased its stake in Betterware de Mexico SAPI de C by 17.1% in the second quarter. Confluence Investment Management LLC now owns 12,096 shares of the company's stock valued at $218,000 after purchasing an additional 1,768 shares in the last quarter. Lazard Asset Management LLC acquired a new position in shares of Betterware de Mexico SAPI de C during the first quarter valued at about $785,000. Public Employees Retirement System of Ohio acquired a new position in shares of Betterware de Mexico SAPI de C during the first quarter valued at about $29,000. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of Betterware de Mexico SAPI de C by 177.8% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 72,582 shares of the company's stock worth $1,224,000 after purchasing an additional 46,452 shares in the last quarter. Institutional investors and hedge funds own 12.72% of the company's stock.

About Betterware de Mexico SAPI de C

Betterware de México, SAP.I. de C.V. is a Mexico-based direct-to-consumer company that develops, markets and distributes products designed to improve household organization and everyday living. Its product portfolio has included storage and organization solutions, kitchen and cleaning products, home accessories, personal-care items and other consumer goods.

The company primarily reaches customers through an independent sales force and catalog- and digitally supported direct-selling channels.

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